Short session, but good news – 12/24/09
A drop in unemployment claims and a rise in durable good orders sent stock prices higher in the short trading session on Christmas Eve....
Stocks manage pre-holiday gains – 12/23/09
A report of an unexpected drop in new home sales, coming a day after a report of a rise in existing home sales, put...
Home sales cheer Wall Street – 12/22/09
A rise in sales of existing homes brought some pre-Christmas joy to the stock markets. The Dow Jones Industrial Average rose 51 points, or...
Healthcare vote boosts stocks – 12/21/09
Some healthcare industry stocks rose Monday as the bill heading toward Senate approval eliminated some provisions the industry found distasteful. The Dow Jones Industrial...
Mostly modest gains on Friday – 12/18/09
Some good reports in the tech sector gave stocks a little boost on Friday – but only a little one. The Dow Jones Industrial...
Jobs down, stocks down – 12/17/09
A rise in unemployment claims was bad news for the economic recovery and for Wall Street. The Dow Jones Industrial Average fell 133 points,...
Market gets no direction from Fed – 12/16/09
Stock prices closed mixed on Wednesday, as the Federal Reserve said "economic activity has continued to pick up and that the deterioration in the...
Euphoria takes a break – 12/15/09
Wall Street's recent advance came to a halt as a rise in the November Producer Price Index had traders worrying about what the Fed...
Mega energy deal fuels Wall Street euphoria – 12/14/09
Exxon Mobil announced a $41 billion deal to acquire XTO Energy and sent stock prices higher on Monday, with major indices hitting their highest...
Retail sales and stocks rose on Friday – 12/11/09
A gain in November retail sales was good news for stocks on Friday – and broadcast stocks were among the beneficiaries. The Dow Jones...
Shrinking trade gap cheers The Street – 12/10/09
Wall Street traders applauded a government report that the US trade gap improved in October. The Dow Jones Industrial Average was up 69 points,...
Wimpy buck is jolt juice for stocks – 12/09/09
The US dollar weakened against other currencies, which made investing in US companies cheaper and gave stock prices a boost on Wednesday. The Dow...
Market down, radio and TV stocks up – 12/08/09
Disappointing reports from 3M and McDonald's sent most stocks lower on Wall Street. But it appears the upbeat ad forecasts coming out of the...
Gloomy Ben sinks stocks (but not radio/TV!) – 12/07/09
Comments by Fed chief Ben Bernanke that unemployment may remain high for a while and that the economy still faces difficulties cash a dark...
Unemployment down, stocks up – 12/4/09
Some long-awaited good news on the job front sent stock prices higher on Friday. The Dow Jones Industrial Average gained 23 points, or 0.2%,...